Companies Are Often Interested in Knowing How Customers Learned About

question 188

Multiple Choice

Companies are often interested in knowing how customers learned about their products.They often solicit this information on mail-in warranty cards.The customers' responses for a particular product were gathered and the data are presented in the pie chart below. What percentage of respondents learned about the product through television or the Internet?

• A)12%
• B)39%
• C)51%
• D)100%

---

Definitions:

Straight-Line Method

A depreciation technique that allocates an equal amount of depreciation expense for a tangible asset over each year of its useful life.

Units-Of-Production

Units-of-production is a method of depreciation that allocates the cost of an asset over its useful life based on the number of units it produces, reflecting wear and use more accurately.

Depreciation Expense

The systematic allocation of the cost of a tangible asset over its useful life, reflecting the decrease in value due to use and time.

Salvage Value

The predicted sale value of an asset at the end of its operational life.